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Market Snapshot: Dow trades flat but Nasdaq slides ahead of Fed decision

U.S. stock benchmarks traded mostly lower Wednesday as investors awaited the outcome of an eagerly anticipated Federal Reserve meeting which may provide clues to the long-term path of monetary policy. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, +0.08% was bouncing round the neutral line, up 16 …

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Cannabis Watch: Aurora Cannabis stock slides nearly 12% on news of up to $1.4 billion goodwill impairment charge

Aurora Cannabis Inc.’s stock tumbled nearly 12% Tuesday, after the Canadian company said it’s recording up to C$ 1.8 billion ($ 1.4 billion) of goodwill impairment charges on some of its past acquisitions. Aurora ACB, +3.05% ACB, +3.22% had the most accumulated non-cash value on its balance sheet of the …

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